Electric Utilities

Electric Utilities

Brief Excerpt from Industry Overview Chapter:

Companies in this industry generate, transmit, and distribute electric power. Major companies include Duke Energy, Exelon, and Southern Company (all based in the US), as well as EDF (France), Enel (Italy), EON (Germany), and TEPCO (Japan).

COMPETITIVE LANDSCAPE

Although deregulation has altered power markets in many nations, electric utilities often continue to operate as unofficial monopolies in a given service territory. A growing number of countries have deregulated or are moving to deregulate their energy markets, including Canada, the US, Austria, Germany, Australia, New Zealand, Japan, and South Korea, among others, according to Electric Choice. The intended purpose of moving toward a less-regulated electricity market is to decrease the cost of electricity by fostering competition among producers. One practical effect is the divestment of generation facilities by many investor-owned and government-owned utilities.

PRODUCTS, OPERATIONS & TECHNOLOGY

Major services include electric power generation, transmission, and distribution. Major services include electric power generation, transmission, and distribution. Electric distribution and support services account for about 60% of the industry revenue, followed by electricity generation at about 30%. Other services include electricity marketing and brokering, electricity transmission services, and natural gas distribution.